300,000

[PATAX]

That is the estimated approximate number of new individuals who may now be required to file 2023 Schedule B due to increased interest rates on certificates of deposit, money market accounts, savings accounts, Etc

[IRonMaN · Accepted solution]

For any of those that don’t want to file, send me the interest and I’ll be happy to pay the tax😊

[PATAX]

Banks here are paying approximately 5% on certificates of deposit. That's funny because it wasn't too long ago that some tried to push people into Investments like annuities, I.E. they apparently did not want their money and could make more money through Investments like annuities.